Investors may want to consider JPMorgan’s Equity Premium Income Fund ETF in order to get more reliable gains in the current volatile market environment. According to the firm, the ETF uses S&...
Tag: Economy
Layoffs sweep crypto as economic concerns mount; Dapper Labs, Bitmex among hardest hit
Crypto layoffs have continued into November. The industry faces not only an ongoing bear market marked by depressed digital asset prices, but also a tough macroeconomic environment where inflati...
Cathie Wood: Bitcoin Can Aid an Ailing Economy
Cathie Wood of ARK Investment Management says the economy is heading into a downward spiral, and only bitcoin can help it. Cathie Wood Still Thinks Highly of BTC There has been an argument for the pas...
White House Is Not Preparing for Recession — Chief of Staff Says US Economy Is Strong – Economics Bitcoin News
White House Chief of Staff Ron Klain says that the U.S. is not in a recession. “The economy is growing. It is strong,” he stressed. In addition, White House Press Secretary Karine Jean-Pierre said the...
Republican Wave Promises Shift In America’s Energy Policy
Senate Minority Leader Mitch McConnell R-KY speaks to the media after a Republican policy luncheon … [+] at the US Capitol in Washington, DC. (Photo by MANDEL NGAN / AFP) (Photo by MANDEL NGAN/A...
Starbucks, Twilio, Carvana, DoorDash and more
A customer holds a drink inside a Starbucks coffee shop in San Francisco, California, on Thursday, July 28, 2022. David Paul Morris | Bloomberg | Getty Images Check out the companies making the bigges...
Here’s where the jobs are for October 2022 — in one chart
Jobs growth came in better than expected in October thanks in part to strong gains in the manufacturing, health care and professional and business services sectors. Manufacturing jobs increased by 32,...
DraftKings, Cinemark, Hershey and more
Check out the companies making headlines before the bell: DraftKings (DKNG) – DraftKings fell 12.5% in premarket trading despite reporting a smaller-than-expected quarterly loss and revenue that toppe...
Payrolls surged by 261,000 in October, better than expected
Job growth was stronger than expected in October despite Federal Reserve interest rate increases aimed at slowing what is still a strong labor market. Nonfarm payrolls grew by 261,000 for the month wh...
Capital A to benefit from tightened economy: CEO Tony Fernandes
Despite soaring oil prices and weakening currencies, the outlook for aviation remains positive due to “extremely strong” demand, said Tony Fernandes, CEO of AirAsia parent company Capital ...
Block, PayPal, Carvana, Twilio and more
A Starbucks location in New York. Scott Mlyn | CNBC Check out the companies making headlines after hours. Block — The mobile payment stock jumped 12% after Block reported third-quarter results that be...
Jeep-maker Stellantis expects raw material inflation to ease next year
Engines undergo a final inspection at the Stellantis Dundee Engine Complex on August 18, 2022 in Dundee, Michigan. Bill Pugliano | Getty Images Automaker Stellantis expects inflation costs on raw mate...
Under Armour, Robinhood, Peloton, Lincoln National and more
Check out the companies making headlines in midday trading Thursday. Under Armour — Shares of the athletic apparel maker jumped 11.6% after the company reported better-than-expected earnings for its l...
Ray Dalio, Carl Icahn And More Investing Titans Break Down Today’s Economy
Ray Dalio, Sam Bankman-Fried, and Carl Icahn. Photos by Martin Schoeller; Guerin Blask for Forbes; Victor Blue/Bloomberg Dozens of iconic investors, entrepreneurs and influential executives in finance...
The Fed might give the global economy a break in December
The US Federal Reserve central bank raised its benchmark interest rate by 75 basis points on Nov 2, while signaling it was willing to slow down the pace of rate hikes as the economy cooled. The announ...
Labor costs show slower rise, while trade deficit widens and jobless claims nudge lower
The cost of labor rose less than expected, but low productivity helped keep the pressure on inflation in the third quarter, according to Labor Department data released Thursday. Unit labor costs, a me...
Bank of England raises rate by 75 basis points, biggest hike in 33 years
A passageway near the Bank of England (BOE) in the City of London, U.K., on Thursday, March 18, 2021. Hollie Adams | Bloomberg | Getty Images LONDON — The Bank of England on Thursday raised interest r...
Restaurant Brands, Under Armour, Peloton and more
Check out the companies making headlines before the bell: Restaurant Brands (QSR) – The parent of Burger King, Tim Hortons and Popeyes saw its stock rally 4% in premarket trading after the company rep...
U.S. airlines’ pilot contract negotiations turn rocky
Delta Airlines pilots make their way to Terminal 4 to picket for a new contract at JFK International Airport on September 01, 2022 in New York City. Michael M. Santiago | Getty Images U.S. airlines ar...
Fed Chair Powell Says ‘Very Premature’ to Pause Interest Rate Hikes — Economist Warns It Will Crash Economy – Economics Bitcoin News
Federal Reserve Chairman Jerome Powell says that it is “very premature” to think about pausing rate hikes. “We have a ways to go,” he stressed. However, economist Peter Schiff warned that “Planned rat...
$3 Billion Erased From the Dollar-Pegged Token Economy, HUSD Depegs, USDC Supply Drops 10% – Altcoins Bitcoin News
Over three billion in value was erased from the stablecoin economy during the past 30 days. The trend occurred despite the number of tethers in circulation rising by 2.2% last month. On Oct. 1, 2022, ...
Fed Chair Jerome Powell—Haunted By The Ghost Of Paul Volcker—Could Tank The Economy
Federal Reserve Chairman Jerome Powell (right) is a big fan of the late Paul Volcker, the Fed chairman who ruthlessly crushed inflation in the early 1980s. L to R: Scott J Ferrell/Congressional Quarte...
Roku, Qualcomm, Etsy and more
A video sign displays the logo for Roku Inc, a Fox-backed video streaming firm, in Times Square after the company’s IPO at the Nasdaq Market in New York, September 28, 2017. Brendan McDermid | R...
Stocks await Fed, Club earnings
Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Wednesday’s key moments. Fed decision ahead Quick...
Fed approves 0.75-point hike to take rates to highest since 2008 and hints at change in policy ahead
The Federal Reserve on Wednesday approved a fourth consecutive three-quarter point interest rate increase and signaled a potential change in how it will approach monetary policy to bring down inflatio...
Here’s the key change in the Fed’s statement that’s moving markets
The Fed introduced a key change to its policy statement on Wednesday, which Wall Street traders are interpreting as a sign that the central bank could soon slow its rake hikes. Notably, the statement ...
Data From INFLCR Gives Insight Into NIL Collectives And The NIL Economy
Fans and boosters have come together to form groups like Burnt Ends to create NIL deals for … [+] athletes, but how much of the NIL economy do they really represent? Burnt Ends INFLCR, a content...